Listing Agency: Lakes Realty Group

Listed By: Lisa Rabe · License #475166289 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:29AM

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Investment Insights

Based on property information with market context.

This commercial land parcel occupies the corner of S McLean Boulevard and Main Street in Elgin, Illinois. The former gas station improvements have been removed, and the property has undergone full remediation.

The site is visible to westbound traffic on US Route 20 and is positioned at the intersection of McLean and Main. The property information identifies fast-food use and a small retail strip as potential development directions.

Key Highlights

• Corner location at S McLean Boulevard and Main Street
• Visible from westbound US Route 20 traffic
• Former gas station removed and property fully remediated

Property Analytics

Property Profile

Current Use

Alpha Book Publisher (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Building Supply Real Estate Agency Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

457

Businesses Nearby

Explore this area Business Placement

Demographics for 60123, IL

47,932

Population

18,129

Households

2.6

Avg Household Size

37

Median Age

24%

College-Educated

84%

High-School Grad

14.0 sq mi

ZIP Area

3,424

Density / Sq Mi

$86,762

Median Household Income

$40,288

Median Earnings

$1,226

Median Rent

$242,200

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Remediated parcel with exposure to US Route 20 westbound.

Where is this commercial land located?

The property is located at 338 S McLean Blvd Elgin, IL.

What are key features of this property?

This property features: Corner location at S McLean Boulevard and Main Street; Visible from westbound US Route 20 traffic; Former gas station removed and property fully remediated